The MCI.EV fund received over 25 million euros in cash from its portfolio company, the Netrisk Group, through a share buyback. According to the fund’s strategy, this transaction ensured the full repayment of the initial investment amount by MCI.EV in the Company while retaining stakes in Netrisk, which is rapidly growing and achieving above-average financial results.
The Netrisk Group successfully completed a recapitalization transaction, distributing funds to its shareholders, including MCI.EV. This serves as proof that the Group meets the expectations placed upon it. The transaction confirms strong confidence in the Company, supported by the participation of a consortium of renowned international debt funds in financing Netrisk, including Goldman Sachs, Morgan Stanley, Arcmont, and HPS.
– Since our investment, Netrisk Group has consistently expanded its business operations and strengthened its position as the market leader in Central and Eastern Europe. Strong financial performance combined with robust cash generation has enabled us to realize part of our investment gains, proving the effectiveness of our investment strategy – said Filip Berkowski, Senior Investment Partner at MCI Capital.
Netrisk Group is a leading online insurance brokerage firm that operates price comparison and insurance distribution platforms, with a primary focus on motor insurance. The company is the largest player in six Central and Eastern European countries and operates in Poland under the Rankomat.pl brand.
MCI Capital is one of the most dynamic private equity groups in Central and Eastern Europe, focusing on digital transformation. Its strategy is centered on investments in the digital economy, with a focus on expansion and buyouts.